BUY, SELL, HOLD (2)

Stocks Keep Rallying, Eye Big Weekly Wins

WGO shares are soaring after earnings

Dec 20, 2019 at 11:58 AM
facebook X logo linkedin


It's more of the same for U.S. stock markets today, as the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) have each hit fresh highs -- while the latter index is staring down an eighth straight win. Semiconductor stocks are again leading the way, extending recent trade-inspired upside. Consumer staple and healthcare shares are also on the rise, with this morning's GDP update in focus as well. And while the Dow has given up a portion of its intraday gains due to the weakness in Boeing (BA) and Nike (NKE) shares, all three major indexes are pacing for impressive weekly wins.

Continue reading for more on today's market, including:

  • Why this penny stock could keep sinking.
  • Apple in focus after latest bull note.
  • Plus, calls pop on retailer; RV stock makes huge move; and sizing up the CarMax pullback.

midday stats dec 20

One name seeing unusual options trading is L Brands Inc (NYSE:LB), as calls run hot on the retail name. Traders are taking heavy interest in the weekly 1/10 19-strike call, where new positions are being opened. Those buying the weeklies are betting on LB shares pushing above $19 in the coming weeks. The stock is up 1.5% today at $18.69, on pace for its first close atop the 100-day moving average since July.

One of the best stocks today is Winnebago Industries, Inc. (NYSE:WGO), as the shares of the RV maker camp out near two-year highs. WGO stock was last seen up 9.6% at $52.76, peaking at $53.54 earlier, bringing its 52-week gain close to 130%. This is part of broader strength seen from the sector, since peer Thor Industries (THO) also sports an impressive year-to-date lead.

One stock moving lower today is CarMax, Inc (NYSE:KMX), though the downside may be limited. While the shares of the car retailer are down 5.6% at $93.29 after earnings, they're holding just above the 80-day moving average, a trendline that captured that last pullback in in the fall. KMX is also sitting near the +50% year-to-date level, another potential magnet for the security.

kmx stock dec 20

 

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.